World View, the stratospheric technology company, is pleased to announce that the company’s Board of Directors has appointed Ryan Hartman as Chief Executive Officer (CEO), effective immediately.

Prior to joining World View, Mr. Hartman served as
President and Chief Executive Officer of Insitu, a pioneer in the
design, development and manufacturing of unmanned aircraft systems for
intelligence, surveillance and reconnaissance in military and commercial
applications. Mr. Hartman brings over 20 years of experience in
unmanned flight systems and aerial remote sensing to World View.

At World View, Mr. Hartman will lead the company’s
transformation from technology development to scaled operations and
productization, with a key focus on delivering customer value. World
View’s Stratollite is designed to be a long-endurance stratospheric
flight vehicle capable of loitering over areas of interest for remote
sensing and communications.

“We’re thrilled to welcome Mr. Hartman to the team and
believe his extensive industry experience and accomplished track record
will help usher World View into a new phase of growth,” said Tom Ingersoll,
Executive Chairman of World View’s Board of Directors. “The world’s
appetite for new and improved sources of information is increasing
rapidly and we believe World View, particularly with further development
and deployment of the Stratollite, will play an important role in the
evolution of a more intelligent world. As World View prepares for scale
and growth, we believe Ryan brings the perfect mix of vision, strategy,
and execution for the next chapter of our company’s history.”

Jane Poynter,
World View’s co-founder, has stepped down from her role as Chief
Executive Officer and will remain a Strategic Advisor and member of the
Board of Directors.

“It’s been a tremendous honor and adventure
to serve as the CEO of World View since founding the company. I’m
incredibly proud of what our team has accomplished together in just a
few short years,” said Poynter. “We’ve made amazing progress and have
built a strong foundation for the company to thrive under Mr. Hartman’s
leadership. I couldn’t be happier with his appointment and the board and
I are confident that, as a seasoned leader with unrivaled aerial
systems expertise, he is the right person to build on our momentum and
carry the vision forward.”

In addition to his tenure at Insitu,
Mr. Hartman previously led Raytheon’s Unmanned Systems Directorate of
the Advanced Programs Division. He is a veteran of the U.S. Air Force
and U.S. Navy, and a graduate of Embry-Riddle Aeronautical University.
He also serves on the Board of Directors of the Northeast UAS Airspace
Integration Research Alliance (NUAIR), a non-profit organization that
manages facilities and airspace for testing UAS to ensure its safe
integration into the National Airspace System.

“I know I speak for everyone in thanking Jane for her leadership and continued dedication to World View,” said Ryan Hartman.
“I’m fortunate to have inherited a very healthy business. I’m honored
to assume this new role and excited for what the future holds. We have
an exceptionally talented team, a committed and world-class investor
base, and a clear roadmap for growth and success. The Stratollite is
poised to unlock previously inconceivable remote sensing and
communications applications for our customers, and I’m excited to help
deliver on that vision moving forward.”